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NY A08898
Bill
Status
1/19/2022
Primary Sponsor
Michael Lawler
Click for details
AI Summary
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Requires insurers to provide written notice of policy renewal or extension to the insured no later than 30 days before the policy expires for insurance policies subject to Article 49 of the Insurance Law.
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Applies renewal notice requirements to motor vehicle insurance policies where a natural person is the named insured and the vehicle is used predominantly for non-business purposes, with notices sent by regular mail with certificate of mailing.
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Applies renewal notice requirements to motor vehicle insurance policies where the named insured is not a natural person or the vehicle is used predominantly for business purposes.
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Requires written renewal notices for workers' compensation insurance policies at least 30 days prior to the expiration date.
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Becomes effective 90 days after enactment, with the superintendent of insurance authorized to prescribe the form and manner of delivery for renewal notices.
Legislative Description
Requires insurers to send a notice of renewal or extension of certain policies to the insured no later than thirty days prior to the expiration of the policy.
Last Action
held for consideration in insurance
5/11/2022